Professional Documents
Culture Documents
Seeding Futures For Wellbeing - GCSI
Seeding Futures For Wellbeing - GCSI
Participants who came together to workshop ideas presented in this compendium: 21 A Diverse Care Economy that Really Cares
• Professor Ingrid Burkett, Director, GCSI
• A/Professor Joanne McNeill, Deputy Director, GCSI
• Dr Glenda Stanley, Partnerships Manager, The Bryan Foundation
24 Just Energy Transitions
• Professor Katherine Gibson, Community Economies Institute & Institute for Culture
& Society, Western Sydney University Creating Conditions for Cultivating Collective Imagination
• Craig North, Managing Director, Firesticks Alliance 27 - Next step seeding...
• Belinda Drew, Deputy Director-General, Communities, Department of Treaty,
Aboriginal & Torres Strait Islander Partnerships, Communities & the Arts
• Adam Fennessy, Dean & CEO Australia & New Zealand School of Government
• Tim Marshall, Head of Government Relations & Public Affairs, Skafold Global
• Sacha Edema, Head of Government Affairs, Paul Ramsay Foundation
• Clare Fountain, Education & Training Lead, Business Council of Cooperatives &
Mutuals (BCCM) https://doi.org/10.25904/1912/5007
2
Seeding Positive Futures
The current political environment in Australia sharing. Some of the seeds are responding
isn’t always conducive to the sharing of bold and to ‘unknowns’ in the future - but we make
courageous visions for collective futures. Yet, space for the conditions that might mean that
we live in a time when exactly such visions are if we plant them they could sprout and provide
needed, perhaps more than ever. We need to be opportunities over coming years.
able to harness our collective imaginations, and
commit our shared capacities towards creating The seven themes are outlined below. This
such futures. We do not have to agree on how booklet explores each one in turn, creating
to get there - but we do need to imagine potential some foundations for deeper discussions.
directions, opportunities, options towards which Seeding Futures for Democratic, Values-based Capitalism
we can navigate, no matter where we sit. Figure 1: Seven themes identified in Jim Chalmers’ 2023 essay ‘Capitalism After The Crisis’ (https://tinyurl.com/5dnk37vs)
Starting from the article shared by the Treasurer,
we have identified seven themes that could Accounting for
create the foundation for such conversations. the Future
We offer this as a catalyst to start deeper
conversations - conversations that take this
particular vision as a starting point, but use it Just Energy
to ask deeper questions, foster engagement, Intergenerational Wellbeing
Transition
debate, dialogue and genuine curiosity about how of Places + Communities
we can grow positive futures.
An overview of some of the territories of the Over the course of the original day’s discussion, our collaborating group
theme from our perspective coalesced around two inter-twined strands that would be critical in taking
the dialogue further into the public domain:
Starting Point for Sense-Making • meaning-making over indicators and other ‘measures’ of wellbeing,
A provocation or framing as an offering for to improve interest in participation; and
sense-making
• opening up more deliberative, distributed and participatory spaces
Territories for Deliberation through which people could contribute to decision-making that affects
A set of potential territories for collective their lives and the futures of their communities.
imagination + deliberation
4
The assumption is that if measures could be made
more meaningful, then people will be more interested in Uncovering citizen Imaginariums Speculative Futures writing +
participating in defining and supporting the values that narratives about collective Spaces (physical and/or arts festivals For example, the
futures. virtual) of curated imaginative Black Speculative Arts Movement,
guide and govern decision-making. And if more people a worldwide creative movement
For example, the use of the ideas for the present + futures,
are participating, the values that permeate our lives will method, ‘SensemakerTM’ to or museums of imagination integrating African diasporic
be more explicit and by default also more inclusive and look at clusters of narratives that exhibit ideas from a place worldviews with science or
or a region or a cohort of technology holds a Black Futures
representative in their expression. that give us a sense about how
Festival in St Louis to explore
citizens are thinking about their people - see
futures + the future of their https://tinyurl.com/3bx2xche speculative futures - see,
Many of us have heard of ‘citizens juries’ or ‘citizens www.bsam-art.com
place - see
assemblies’ as ways of drawing together diverse groups https://tinyurl.com/3ujuenkb
of people to rigorously and deliberatively explore particular
issues. We suggest that a variety of methods be tested
and tried, including any or all of those illustrated here (see
Figure 2).
A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.
People live in, work in, care in, places and importance of context in creating positive social and
communities. Those places are embedded in Country, health outcomes, and is building on evidence that
in ecosystems, in landscapes that people know and community participation and collaboration can be
care for, which define their lives and their prospects. an important part of achieving better outcomes for
In recent times Australia has seen the impacts of children and families.
climate and biodiversity crises in specific places - who
can forget the fires in places like Kinglake, Mallacoota, There is, however, a need for some deeper integrated
Bega Valley, Beechmont, and the floods in Lismore, thinking and action around how we ensure that places
Bundaberg, the Lockyer Valley and in the Kimberley and communities across Australia can continue to
to name just a few. Communities bear the brunt create opportunities for future generations. We need
of ecological, economic, and social shifts. Places bold ideas and actions to ensure that places and
represent the face of pressures as climate changes, communities can support thriving ecosystems; provide
supply chains strain and housing crises worsen. opportunities for good, quality jobs in strong local
economies; develop robust social fabrics; offer access
It is no wonder then that ‘place-based’ approaches to effective support networks; promise equitable
have become common for delivery of services, availability of housing, education and health services;
engagement of populations and transition activities. and secure affordable, high speed communications
Place-based policy is increasingly recognising the services that enable distributed opportunities across
this vast continent.
“Imagination is often referred to as a sort of solo activity — authors, artists — but what we’ve found is really
key to creativity is that it’s a collective imagination process. It’s the magic of creating together.”
10 Phoebe Tickell, Moral Imagination, 2022
Pockets of the Future in the Past + Present
The ‘Firesticks Alliance’ is a growing movement that seeks to spread not only these practices but grow intergenerational wellbeing in First
Nations communities, and nurture and protect ecologies. The Firesticks Alliance is an example of how holistic wellbeing can be practiced -
and how ‘wellbeing’ could take us to places far beyond what is currently imagined in mainstream articulations of the concepts.
The Firesticks Alliance Indigenous Corporation provides Firesticks ultimately strives to empower Aboriginal and non-
Indigenous leadership, advocacy and action to protect, conserve Aboriginal communities to work together towards healthy,
and enhance cultural and natural values of people and Country functional and resilient landscapes.
through cultural fire and land management practices.
Firesticks is facilitating training, implementing on-ground works and
Firesticks aims to re-invigorate the use of cultural burning conducting scientific monitoring to establish a greater understanding of
by facilitating cultural learning pathways to fire and land the ecological impact of cultural burning practices.
management.
The program aims to work with fire to enhance ecosystem health by
It is an initiative for Indigenous and non-Indigenous people to look improving habitat condition and connectivity within culturally connected
after Country, share their experiences and collectively explore landscapes. The integration of social and ecological elements is
ways to achieve their goals. driving a deeper approach to wellbeing.
Firesticks is an opportunity for people to build on the knowledge Firesticks Alliance
they already have on Country and look for ways to make use of https://www.firesticks.org.au/
new technologies and understandings as a way to support cultural
identity and practice.
A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from
our discussion with the group and from research that could form the basis of questions for deliberations on this theme.
Capital is a fundamental enabler of innovation and action towards impact goals through fields like impact investment, but
- whether that capital is public, private community and/or the mechanics of allocation remain largely the same, focused on
collective. Capital markets have been a primary building generating ‘pipelines’, cherry-picking deals, and growing portfolios
block of the modern, global economy. However, as it of ‘single point solutions’ (Gurciullo, 2021).
becomes increasingly clear that these economic systems
need to be rewired to mitigate existential risks to human Impact Investment is built out of the first horizon and helps
wellbeing and the health of the planet, paradigms around us to move towards second horizons. However, while such
the purpose and application of capital are also shifting. approaches (whether they be commercial, public, philanthropic
or community-based in nature) are enabling many good things to
Around the world, and in Australia, governments, financial happen, they will not foster the trajectories and scale of change
institutions, businesses, non-profit entities, philanthropists, we need. As a result, we are missing opportunities to harness
individuals, and communities, are experimenting with collective efforts that exist across people, enterprises, projects,
different ways to access, structure, and blend finance and institutions wanting to achieve common goals, and limiting
to enable transitions and collective betterment. These our potential for transformation. To shift towards second and third
developments, such as impact investment, are promising, horizon trajectories we need to think more about systemic capital
but not yet sufficient. and transformational investment - including using emerging
instruments such as co-operative shares, debentures and co-
Too few resources are finding their way to actors and operative capital units (eg. see https://tinyurl.com/2p8yn5nc) - and
activities that have the potential to create real positive stretch our imaginations beyond the orthodoxies of current market
impact, and those that do often fail to foster enduring and mechanisms and assumptions.
coherent change. So, beyond the need to increase the
flow of resources towards creating better futures, there
also needs to be new thinking in respect to how those “What we need now is a radically new approach to investing with the explicit aim
resources are allocated, managed, and governed. of systems transformation - one that deploys capital with a broader intent and
mindset; that is anchored in different methodologies, structures, capabilities,
Indeed, while there is a growing realisation that complex
and decision-making frameworks; and that moves away from a project-by-
challenges require ‘systems of interventions and system
project mentality...What matters is that investment decisions are based on an
innovation’ (Johar, 2017), we are not yet investing with
understanding of how such impact will emerge at the system level, not just at
that mindset. Yes, we are seeing financial capital move
the level of a single project or transaction”.
Dominic Hoffstetter, Transformation Capital, Climate KIC, 2020
12
Below is an imaginary group of systemic investment portfolios for Logan - through which we can see how three ‘outcome’ arenas - affordable housing, green
energy and local jobs could spark a range of investment opportunities - all generating value across the outcomes, but not all having the potential to deliver
stellar monetary returns. If we are to really develop systemic investment approaches, we need to imagine such scenarios, test them, try them, learn and grow
them.
Local Job
Creation
Incentives
Green
Small
Energy Solar + Business
Wind Retrofit Development
Farm Trade Infrastructure
Training Local
Courses
Jobs
Micro-grid
Cooperative
Housing New
Retrofit Construction
Local Power Enterprise Trade
Company Green Training
Infrastructure intake
Development
Contract
Conservation Self-Build
Park + Forest
Cooperative
Finance
Ownership
Development
Infrastructure Rent-to-Buy
Community Affordable Scheme
Infrastructure Green Housing
Investment
Fund
Joint Equity
Scheme
Growing
Maker Affordable
Library Space
Housing in
Logan
Figure 6: Imagining systemic capital in Logan, Queensland
13
Multiple Asset +
Outcome Multiplier Impact Investment has helped to There is growing recognition that transitions to
Approaches
A set of potential challenge asset classes, what is regenerative futures require fundamental changes -
territories for collective
How could we drive
private + public
‘investable’ + what should be included moving beyond investment orthodoxies +
imagination + investment away from a as a ‘return. It is a good start, but not challenging some core economic tenets so that
deliberation: in these focus on single assets,
deals and investable enough to take us forward... investment is able to sustain intergenerational
cards we have drawn
some starting points
projects, towards systemic
capital that takes as its
wellbeing
from our discussion starting point an outcome
‘field’ where the outcomes
with the group and intersect + multiply in
from research that relation to each other?
could form the basis
of questions for
deliberations on this
From
theme. Segmentation
to Integration of
Markets + Capital
How could we incentivise
‘integrated’ investment,
drawing together private,
public and civic capital
to focus on maximising
+ multiplying benefits,
outcomes + value
creation?
Value + Outcome
as Focus of
Portfolio
Composition
How could we focus
portfolio composition on
total value + outcomes
- so that they become
much more driven by their NOW NEAR FUTURE NEAR
catalytic potential than
their risk/return profiles, FUTURE
creating opportunities to Figure 7: Impact Investment is a good start but it is not robust enough to help us transition into positive futures
drive transformation away
14 from polycrisis?
“It’s not just our economic institutions that need renewing and restructuring, but our
markets as well. Here, government has a leadership role to play: defining priorities,
challenges and missions - not ‘picking winners’. This is critical to guide how we design
markets, facilitate flows of capital into priority areas, and ultimately make progress on
our collective problems and purpose”. Jim Chalmers (2023) ‘Capitalism After The Crisis’
In order to create the sort of transformative change that is - such as policy, public investment, regulation and tax
needed in this age of ‘polycrisis’, governments have been incentives.
challenged to see their role as less ‘market fixing’ and more
‘market shaping and creating’ (see the work of Mariana No doubt technology will both generate and potentially
Mazzucato in particular). Creating strong incentives and support market and supply chain transformations.
constraints within an agenda of inclusive and sustainable However, we need the available levers to shape these
growth is a critical role for governments - particularly in an technologies so that they support democratic, equitable
era where corporate and shareholder power is challenging and sustainable futures; and stop relying on the interests
some of the fundamentals of democratic rule. of individual firms and/or ‘the market’ to determine our
societal trajectories. Here consideration of platform
The experience of a global pandemic, and increasingly ownership offers a useful entry point for exploration (see
strong ecological signals, indicate the need to challenge for example https://platform.coop/).
some of the fundamentals of economic thinking, and more
particularly, neoliberal economic orthodoxies. We need to We have an extraordinary opportunity to harness
think afresh about the role, the capacities and the capabilities technology for the public, common and planetary
that government, business and civil society must cultivate good over coming decades - but we must urgently and
and resource in order to be able to make their contributions decisively grow democratic institutions and equip them
to transitions and transformations. with the guardrails that will ensure this opportunity is
harnessed and directed towards inclusive and
The public sector in particular has a significant shaping, sustainable futures.
steering, and creating role to play given the levers available
“The common good is a shared objective. By emphasizing the how as much as the what, it offers opportunities to promote
human solidarity, knowledge sharing, and collective distribution of rewards. It is the best – indeed the only – way to ensure a
decent quality of life for everyone on an interconnected planet” Mariana Mazzucato, Project Syndicate, January 2023.
15
Below is a continuum of procurement policies and practices that shows both the current evolution of procurement as a lever for equity and
impact, but also illustrates the next potential evolution needed to really imagine procurement as creating regenerative value. This image
was developed by Griffith Centre for Systems Innovation and Ethical Fields for City of Newcastle’s Localising Supply Chains 2022 project.
Job creation is regularly called out as critical Despite this gap, it is clear that evidence points to the
to the creation of strong national and local inherent connections between quality jobs, physical
economies — particularly at times of crisis or and mental health, wellbeing and even positive
recovery. The mantra of “jobs, jobs, jobs” has intergenerational outcomes.
once again been loud after the pandemic, and in
the face of the ongoing economic uncertainty. What is also increasingly evident is that quality
jobs can have broader benefits for businesses and
However, there is also a growing recognition organisations; places and communities; and ultimately
that focusing just on growing the number of could have profound implications for regenerative and
jobs will not necessarily lead to either improved distributive futures and the health of our planet.
economic or social outcomes (see for example
OECD,2020).
“Low quality jobs can hinder economic growth and
What is increasingly called for is a focus on the strain public budgets. Low quality jobs may be designed
quality of jobs needed to promote the wellbeing to minimize labor cost for an individual business
of workers and their families. and accommodate high turnover. Such jobs limit the
purchasing power of a large segment of consumers,
There are pockets of innovation in various corners reducing the strength of the economy as a whole. … In
of the globe that have created a solid evidence contrast, good quality jobs invest in human capability,
and policy base for a focus on quality jobs — but boost productivity, and provide workers with the resources
we are a long way from the dominant narrative to express their wants in the market in the form of
focusing on quality over the quantum of jobs. consumer demand without having to rely on means-tested
benefits” Aspen Institute, (2021).
18
For workers, quality jobs are linked to:
Financial Security
Economic Certainty
Physical + Mental Health
Access to Safe + Stable Housing
Imagining quality jobs in the Community Participation
future of work requires us to Quality of Life
Potential for Self Development
think much more broadly about
Q
the role quality jobs have in u a lit y J o
b
relation to workers, families, For families, quality jobs are linked to:
communities, businesses Financial Security + Financial Stress
and organisation, places / Frequency that employment anxiety interferes with
family life or results in family stress
communities and the planet. Family Stability
Here we have summarised the Access to Safe + Stable Housing
potential impacts that quality Intergenerational Wellbeing
Intergenerational Opportunities for Work + Education
jobs have at each these levels Mental + Socio-Emotional Development Outcomes
- this is further explored in this for Children
blog.
For businesses + organisations, quality jobs are
linked to:
Productivity + Longevity
Customer / Client Service
Employee Recruitment +
Retention
Adaptability + Viability
One of the shifts the global pandemic has The care sector plays a crucial role in supporting
catalysed is a deeper recognition and appreciation individuals, families and communities, enabling
of the critical role of care workers in society. The economic, social and workforce participation,
pandemic has not only raised the profile of the care and contributing to the overall wellbeing of the
sectors, it has generated widespread discussions Australian population. Yet this sector faces some
about the need to improve their working conditions major challenges over coming decades - around
and the overall care infrastructure. In Australia workforce availability, structure and capability, the
the so called ‘care economy’ covers sectors such quality of services and community expectations,
as aged care, disability services, family services, and the availability, use and integration of
child care, social housing, homelessness services, technology into various sectors. The care
mental health services - it employs around economy is highly feminised in terms of the labour
1.8million people, and is the fastest growing force - and, as was highlighted in the Ageing
employing sector (Care Economy CRC, 2022). Royal Commission, it is plagued by lower than
It is also likely to continue to expand and face average incomes and poor working conditions.
significant challenges as the population ages and
demands increase. Further, measures such as productivity in this
sector of the economy are woefully inadequate
Government is a major investor in and provider of - it is quality of care and outcomes for people
services within the care economy, in addition to and families that we need to measure and report
playing a significant role in regulation and quality on as key measures of success, not outputs
assurance. In many ways, for much of this growing per hour. Essentially, if the care economy is to
part of the economy Government has played a contribute to equity, wellbeing and sustainability
major shaping, creating, designing role - and has we will need to ensure that it truly is about care
led the development of markets within care sectors. and caring.
21
What if...
Participation, inclusion + equity
What if... were integral to the design +
The care economy offered delivery of all levels of care? What if...
access to high quality training + The care economy became the
education for all workers + care sector of choice for workers seeking
recipients? holistic recognition + rewards
d?
through employment?
re
What if...
Participation,
a
yC
People could access a lifetime care
Inclusion, Equity Formal budget + use these to choose
Training, Education, elements of care from across formal
all
Ca
+ informal sectors?
Skills
Re
ring
What if...
for
ies Informal care provision was
recognised as generating social
Co
+ economic value?
un
nom
try
Ch Informal
ild
Ca
OMY
Wellbeing
re
Eco
N
What if...
O
We valued the wellbeing of care
Social Care recipients, care givers + families
+ Welfare Workforce
re
CARE EC
Economic
What If Ca
What if...
The financial returns with the
Health Care care economy were only one of
the value measures?
Care
We were to account for the social
d Value Creation
Age
value created through a thriving
care economy across
Social generations?
What if...
Infrastructure Investment We established systemic investment
Public models that could generate value from
What if...
investing in care across life-cycles?
We created more opportunities for
cooperatively + diversely owned What if...
infrastructure that generates social capital Long-term ‘patient’ investment into care
across care? ecosystems was incentivised over
What if... short-term, maximised financial returns?
Technological infrastructure enabled Private Civic
cross-generational opportunities for
What if...
We could receive integrated reports
deeper whole-of-life care?
detailing holistic value creation across
What if... Social Technological Institutional different types of capital to get a better
Distributed institutional infrastructure that picture of investment flows into care?
is embedded in place enabled people to
access care in their communities across
22 their lifetimes? Figure 11: Dimensions for re-imagining a care economy that really cares
A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.
Australia has long been described as the ‘lucky country’ - with Shifts in ways people produce, consume + value energy. Low-carbon energy
a wealth of natural resources, including energy sources, and a transitions are shifts from high-carbon energy sources (oil, gas, coal) to low +
zero carbon energy sources (renewables)
strong, democratic commitment to sharing the opportunities this
has afforded. This has, however, also had profound implications
Energy Transition
for First Nations communities who have not always benefited
from this wealth (despite being the custodians of the land from
which this wealth has been derived), and on the environment -
through both extraction and consumption practices.
Directional Capital
Procurement Availability
Structures + Flow
Figure 13: Transitions always include three core domains (based on Carlotta Perez, 2002)
A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.
are now more than 110 groups and 150 projects Social
operating. An often invisible Changes Economic Demand for reforms
CPA is a Workers Cooperative registered in NSW Figure 14: Every transition requires innovation but not only in the form of technological innovation - it is
with the Department of Fair Trading; and a registered just as important to foster innovation of institutions, societal processes, and economies as can be seen as
charity with the Australian Charities and Not-for-profit underpinning the industrial revolution in the UK (based on Carlotta Perez, 2002).
Commission.
26
“The virus is rewriting our imaginations. What Towards Growing Collective Imagination Capabilities
felt impossible has become thinkable. We’re
getting a different sense of our place in history. By exploring each of the seven themes – delving into core questions,
We know we’re entering a new world, a new era. perspectives on the Territory, starting points for sense-making, and Territories for
And we seem to be learning our way into a new deliberation – and looking at where some potential pockets-of-the-future already
structure of feeling.” exist we hope to have sown some imagination-seeds for meaningful next steps.
Kim Stanley Robinson, 2020
As mentioned, citizen juries or assemblies, participatory budgeting initiatives,
and the deliberative democracy movement more broadly offer useful insights and
tools for engaging broader participation in imagining and enacting futures. Whilst
previously there has been some ad hoc activity in Australia, as far as we can tell
there has been no systematic attempt to test various models being used around
the world in our local context.
Fostering diverse participation and learning towards how to do this at scale will
strengthen our democratic system through enshrining at its centre a fuller range
of perspectives and realities. Whilst the task can seem daunting, we advocate a
process of starting small, testing, learning and iterating the ways forward.
27
Our commitment to planting seeds... “The moral imagination requires the capacity to
imagine ourselves in a web of relationships that
Fostering bold and collective imagination and creativity
will take time, space and practice.
includes our enemies; the ability to sustain a
paradoxical curiosity that embraces complexity
We’ll need to support and stoke imagination equally without reliance on dualistic polarity; the
amongst citizens and the public sector. fundamental belief in and pursuit of the creative
act; and the acceptance of the inherent risk of
There is no shortage of this creativity, just a lack of stepping into the mystery of the unknown that lies
‘infrastructure’ that supports it to be heard, explored and beyond the far too familiar landscape of violence”
channelled. John Paul Lederach, 2005
In this booklet we’ve explored some possible steps
towards engaging and harnessing our collective
imaginations, to support the acceleration of transitions
towards positive futures.
“This is the complex nature of a time between
We think the Treasurer’s own electorate (where we
worlds. It asks us to sit with the unthinkable,
happen to be based!) would be an excellent place to test
some of these steps - whilst also generating a broader
with yet un-worded sensations; while old stories
conversation about the role of collective imagination still hold us hostage; with the pull of the abyss
in shaping democratic, values-based capitalism and within us. These threshold-times will not relent
wellbeing. to a nostalgic past nor will they release anyone
from unknowable futures - so learn to sit and
We commit to reaching out to the Treasurer’s Electorate withstand we must. ... Reimagining the enabling
Office, and to our wide network of local stakeholders, conditions (from those elusive social imaginaries
with the aim of catalysing action around fostering to concrete spaces to binding legal frameworks to
collective imagination experiments within the Logan the nuanced social-structuring of projects to the
place-based context; and to sharing learnings outwards. flow of capital) prompts other questions, conjuring
other ways to rehearse freedoms, defying
We offer a foundation - a step towards engaging and
harnessing our collective imaginations.
invented walls .. and reweaving it all once again
into radical inter-dependencies that are truer to
And we make a commitment to taking these the realer larger reality of entangled life”.
foundations and demonstrating them in action, in the Gabriella Gómez-Mont, 2023
Treasurer’s own electorate - will you join us Jim?
28
References
The Banksia as a Metaphor...
Chalmers, J. (2023) Capitalism After the Crisis, The Monthly,
We illustrated this response with images March, available at: https://tinyurl.com/5dnk37vs
representing the Banksia or Wallum. The Banksia
Elkington, J. (2018) 25 Years Ago I Coined the Phrase “Triple
grows in what could be seen as quite difficult terrain, Bottom Line.” Here’s Why It’s Time to Rethink It, in Harvard
reminds us of regeneration, rebirth, particularly after Business Review, June
crisis, with many species needing fire before the
Gurciullo, S. (2021) ‘Systems Finance for Development
woody fruits are able to crack open and release their
Portfolios’, Medium Blog Post, UNDP available at: https://
seeds. tinyurl.com/28nwvmxj
Banksia roots are also important to soil health and Hofstetter, D. (2020), Transformation Capital – Systemic
fertility. Banksias have ‘cluster roots’, shaped like Investing for Sustainability, published by EIT Climate-KIC,
brushes with hundreds of tiny roots connecting with Amsterdam (NL), August.
the soil, making them able to thrive in poor or sandy Johar, I. (2017) ‘10 Provocations for the Next 10 years of
soils. Banksias improve soil conditions as the soils Social Innovation’, Medium Blog Post, available at: https://
support their growth - fostering a relationship of tinyurl.com/5n8jwds5
mutuality between growth and conditions. Lederach, J. (2005) The Moral Imagination: The Art and Soul
of Building Peace, Oxford University Press.
Banksias have connections to the ancient continent
of Gondwana and have modern relatives in once Mazzucato, M. (2023) For the Common Good, Project
connected lands as far away as Africa. Banksias are Syndicate Article, available at: https://tinyurl.com/yjnzmvnh
seeding futures at the same time as being rooted in Mazzucato, M. (2018). The entrepreneurial state. Penguin
ancient pasts. Books.
Like the banksia fruit, there are some core seeds Mulgan, G. (2022) Another World is Possible: How to
within this nation that could germinate thriving Reignite Social and Political Imagination, Hurst Publications,
London
futures for all species who call this place home.
Yet we are at a critical juncture, a tipping point, a OECD (2020) How’s Life? 2020, available at:
moment in which extraordinary courage is needed https://tinyurl.com/4s7dems9
- and perhaps we need to go through metaphorical
Perez, C. (2002) Technological Revolutions and Financial
cultural fires to ensure that these seeds will actually Capital: The Dynamics of Bubbles and Golden Ages, Edward
germinate these possible futures. Whether we Elgar, Cheltenham, UK
are speaking of The Voice and creating a strong
Perez, C and Leach, M. (2021) Technological Revolutions:
path towards Treaty, or whether we are speaking of Which Ones, How Many and Why It Matters: A Neo-
ensuring that we acknowledge and act on addressing Schumpeterian View” Working Paper – Horizon Project
the climate and biodiversity crises, we will need Beyond 4.0 Publications
courage, truth-telling, deep reflection and radical
Sharpe, B. (2020) Three Horizons: The Patterning of Hope,
imaginations over the coming years. Triarchy Publications, 2nd Edition
29
www.griffith.edu.au/griffith-business-school/centre-for-systems-innovation